OMB files this comment in accordance with 5 CFR 1320.11( c ). This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of1995. This action has no effect on any current approvals. If OMB has assigned this ICR a new OMB Control Number, the OMB Control Number will not appear in the active inventory. For future submissions of this information collection, reference the OMB Control Number provided. Resubmit when proposed rule is finalized.
Inventory as of this Action
Requested
Previously Approved
10/31/2015
36 Months From Approved
10/31/2015
11,486,794
0
11,486,794
6,208,288
0
6,208,288
0
0
0
This request is for approval of the proposed reporting requirements that are contained in the Federal Perkins Loan Program regulations. Under the proposed regulations institutions, upon receipt of an enrollment report from the Secretary, would update all enrollment status information included in the report on the students listed. Because the Secretary already receives enrollment status information on students with Federal Perkins loans who also have Direct Loans or Federal Family Education Loans, the additional burden is limited to students whose only Title IV, The Higher Education Act of 1965, as amended (HEA) loan is a Federal Perkins loan. In addition, the proposed regulations would require schools to use the same eligibility criteria to define an eligible graduate fellowship program in the establishment of a graduate fellowship deferment. The borrower would be required to obtain a statement from an authorized official certifying that the borrower 1) holds at least a bachelor's degree and 2) the borrower's anticipated completion date of the graduate fellowship program. The information collection requirements are necessary to determine eligibility to receive program benefits and to prevent fraud and abuse of program funds.
The proposed regulations would increase burden through program changes. The proposed regulations strengthen and clarify current regulations as well as establish new requirements for additional information from both borrowers and institutions for tracking purposes and to ensure program benefits are available to eligible borrowers.
$0
No
No
No
No
No
Uncollected
Dan Klock 202 377-4026
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
NPRM072913e.pdf
Private Institutions Affected Party Information 1845-0019 v7.doc
1845-0019 v 7 SuppStatment 06 27 13.docx
Federal Perkins Loan Program Regulations and General Provision Regulations State, Local, Tribal Burden